09:14 AM EDT, 06/29/2026 (MT Newswires) -- Technology stocks were rising premarket Monday, with the State Street Technology Select Sector SPDR Fund (XLK) up 1.6% and the State Street SPDR S&P Semiconductor ETF ( XSD ) 1.3% higher.

Palantir Technologies ( PLTR ) said it teamed with Nvidia ( NVDA ) to release an intelligent engine for operating artificial intelligence models within sovereign environments, including secure US government networks. Separately, Palantir ( PLTR ) said it has expanded its partnership with air mobility platform Surf Air Mobility ( SRFM ) . Shares of Palantir Technologies ( PLTR ) were up more than 3% pre-bell.

Applied Digital ( APLD ) shares were up more than 2% after the company said its unit modified an existing financing package to expand its total revolving credit commitments to $430 million.

Alphabet's (GOOG, GOOGL) Google ( GOOG ) has placed limits on Meta Platforms' ( META ) use of its Gemini AI models after the social media company requested more computing capacity than Google ( GOOG ) could provide, the Financial Times reported, citing people familiar with the matter. Meta Platforms ( META ) stock was up more than 1% premarket.